new Manhattan loft listings + closed sales in last 7 days


This is my forty-second report on the number, price distribution and neighborhood distribution for Manhattan lofts reported as new to the market or as closed sales in the last 7 days
.

The stats as of Sunday night:

  • there were 20 Manhattan lofts reported as new to the market in the last 7 days and 50 as sold (the new development sales really kicked in this week!)
  •  8 of the 20 new ones are offered between $2mm and $4mm, while 36 of the 50 closed sales were between $1mm and $3mm
  •  only 4 of the 20 new loft listings are in new development, but 38 of the 50 closed sales were in new development (18 at Tribeca Space)

    By price
    New = 20
    Sold = 50
    $500k to $999k
    5 7
    $1mm to $1.99mm
    3 25
    $2mm to $2.99mm
    4 11
    $3mm to $3.99mm
    4 3
    $4mm to $4.99mm
    2 4
    $5mm+
    2  


    By neighborhood
    New = 20
    Sold = 50
    Battery Park City
       
    Chelsea
    3 1
    Clinton
       
    East Village
      1
    Financial District
    3 7
    Flatiron
    1 5
    Gramercy
    4  
    Greenwich Village
    4 1
    Kips Bay
      9
    Little Italy
       
    Lower East Side
      1
    Morningside Heights 1  
    Murray Hill
      1
    Midtown East
       
    Midtown West    
    SoHo
    3 1
    Tribeca
    1 20
    Turtle Bay
      1
    Upper East Side
       
    Upper West Side
       
    West Village
      2

 

New loft listings in new developments

 

420 West 25 Street (Loft 25) 1
173 MacDougal Street 3

 
Sold lofts in new developments 


420 West 25 Street (Loft 25) 1
90 William Street (be@William) 5
20 Pine Street 1
15 West 17 Street 1
15 East 26 Street (Madison Square North) 9
127 Madison Avenue (M127) 1
105 Norfolk Street (Blue) 1
101 Warren Street 1
25 Murray Street (Tribeca Space) 18


For information about how I get this stuff and why I slice it as I do, see methodology for New + Sold in The Last Seven Days. For my most recent rant about how soft this data may be, see
loft or not? caution: active ranting ahead.






© Sandy Mattingly 2008

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